london warren pushes it. high post, huelsman swings >> derek: they're going to need to knock down some open shots tonight. >> mike: and chris walks i the another travel by chris >> mike: yep. old dough men ondoing a nice job stepping up in thepassing lane >> derek: they are. they are doing a good job of scouting this team, in particular chris wright. they try to force him to his left. chris has to respond and understand that he can't go to his right every time he touches the ball at the top of the key. he has to go to that short mid- range jump shot on occasion >> mike: down low the parks inside to lee, misses the jump hook. he is still scoreless. stolen away and back up and in by marquel de lancey. the flyers continue to be sloppy with it and their lead a down to 1, 10-9 >> mike: chris job son, high post, back tout london warren. london coming off the dribble, trying to squeeze through traffic. so left on -- so 10 left on the shot clock. chris wright's jumper was blocked. here comes old dough membership on,

london warren, directing traffic out front. still does not like where he's got his people >> derek: there is no movement in this offense. it is really not moving on offense. they are passing the ball in the perimeter unlike the last possession where they rotated the ball. that's an ill advised shot by chris johnson. that's a shot that you can get at any time in the shot clock >> mike: chris johnson with the air paul. over searcy is gerald lee >> derek: gerald lee's first basket of the game. foul searcy, gerel lee picks up his first personal foul >> derek: devin just outran gerald lee in what we call the search run, where he outran lee to the middle of the court. >> here comes keyon carter back in for old dominion. devon is going to have free throws coming. that's 7 team fouls for old dominion. searcy with 2 points so far tonight. he gets that one to go. flyers continue to shoot it much, much better from the free throw >> derek: they have really done a nice job improving their free throw shooting versus last year. they were up a

warren up top. chris johnson comes out and gives him help. 13 left on the shot clock for the flyers. lop done, creating down the lane, kicking, marcus for 3. marcus johnson knocks down the 3. his second of the night. and just like, that the flyers are back up by 6 >> elliot: mike, the last two possessions have started with double penetration through the middle of the floor >> bill: blaine taylor want a timeout. we'll keep it here. flyers coming up with some key plays and doing it from wright and johnson, chris and marcus. >> post possessions have come as a result of good precision by your senior guards. marcus johnson with the first pass, finds chris wright cutting to the basket. come noog your living room. amazing athlete. i'm not sure if we're going to have an opportunity to take a second look but that outside shot was made by marcus johnson, came as a result of dribble penetration by london warren >> bill: and a guy who has not been shooting at all and mark just has stepped up in a big way. old d

that derivatives used improperly and outside of an appropriate regulatory framework can become what warren buffet

i notice you are having elizabeth warren on later.n to her and people like stiglitz and simon johnson, it seems like those of the people who ought to be in charge of the treasury and the fed for that matterç, to help them do something to stop this flow of money away from the average taxpayer. that is all i have to stay. -- say. host: we told you earlier in greatxd britain their approach s to put a 50% tax, a supertax it is called, on executive compensation for banks. here is the headline appeared -- headline. here is what patrick jenkins is reporting. host: the next call is from fredericksburg, va., louise on the republican line. caller: i think they should put a 50% tax on some hedge funds. host: why is that? caller: these are the people constantly buying up company. i personally think warren buffett and people like jeffrey xdimmelt are the evilest peoplen the world. they are buying all these companies. they are the ones keeping money from the shareholders. the shareholders are trying to keep their heads above water and these people

she justice warren e. d. chief justice warren had a largely collegial court. it never seemed to end between justices black and frankfurter, but earl warren himself was a very warm person and rent a chord that was agreeable with each other. the court under warren burger was not a happy place. relationships between the justices tended to rapidly deteriorated. there was a lot of internal resentment, and the chief justice did not work very hard at trying to dispel that. the way he ran the court at times contributed to that internal dissension, because he would play favorites in the way he assigned opinions. he would sometimes cast his vote one way in order to have control over the assignment, and then change his vote later on. he ran the court in a way that contributed to the internal division. chief justice rehnquist, on the other hand, ran a very happy court, a very collegial court. remember that i am talking about a court in the rehnquist years that was very deeply divided among philosophical and ideological lines. at the same time, the chief justice, using tha

speaker, i agree with reverend warren that it's no sin to be rich, but i disagree that it's a sin to die rich. a life's work should rightly be a benefit to one's heirs and one's causes. my belief that a family farm, a family business or simply accumulated wealth should be passed from one generation to the next is consistent with the fact that those that benefited the most from the security and freedom that this country offers should pay their fair share for the benefits and the landscape that allow them to reach the level of success that they did. what all americans deserve, rich or poor, is the knowledge that at a time of great personal pain for families the stress will not be exacerbated by a complex or uncertain tax policy. that's one of the many reasons that i ask my colleagues to join me in supporting this rule and the underlying bill. throughout our history, transfer taxes have been used to fund critical operations at the federal government. the modern estate tax was established by the revenue act of 1960 to offset the declining tariff revenues in the united states' participati

though professor powe was a douglas clerk in general sympathy with the aims and outcomes of the warren court, he is relentlessly bipartisan in denouncing shoddy reasoning or outcomes. his personal opinions interspersed throughout the book will alternately infuriate and delight every reader. thus, to him the opinion in brown versus board of and kay is short and short on reasoning, the result in bush versus gore was brazen and the majority opinion in roe versus wade compete successfully as the worst in the 20th century. no one will agree with all of powe's assessments but he will come away unimpressed by the verb of this writing, the power of his intellect or the strength of his intellectual independence ladies and gentlemen, professor scott powe. [applause] >> thank you all for coming out on such a nice sunday morning. when i decided to write this book, and i think i started it about five years ago, a little over that now, it was because i thought there was a gap in the histories of the supreme court. if you read american history, the supreme court and fruits in the narrative occasional

i talked to warren buffett and he said the government deserves a high rate for its efforts to prevent the collapse of the financial system. i hope my colleagues will remember that. my question is on something i have been very critical of the fed in the past. that is consumer protection. the fed dropped the ball on consumer protection issues. i support the creation of a strong independent consumer protection agency. every day we find a new way. banks are in trouble. many of their profits are being squeezed. their reaction is to raise these fees. there has been a new report that has come out on atm fees. according to that report, the average fee rose 12.6% in 2009. that is a heck of a lot. plus, he not only will the bank owns the church -- -- bank owns the charge. over 7% of banks charge customers this feat. together with massive increases in credit card interest rates and these overdraft fees, consumers are bearing a burden disproportionately in maintaining the health of banks balance sheets. i believe the fed should conduct a thorough review of these fees to ensure consumers are prote

chief justice warren had a very collegial court. he always did deal with if you that never seemed -- warren himself was a warm and friendly person. he ran a chord that was agreeable with other. the court under burger was not a happy place. religious between the justices appeared to deteriorate. there was a lot of internal resentment among them about each other could the chief justice did not work very hard at trying to dispel that. the way he ran fourth at to the internal dissension could he would play favorites. he would sometimes cast his vote one way in order to have control and then changed his vote later on. he ran the court in a way that contributed to the internal division her chief justice rehnquist ran a very happy court remember i am talking about a court divided along philosophical lines. at the same time, the chief justice, using that position, no where is it the find that he should be the principal caretaker of the emotional state of the court, but he has the capacity, using the functions of the office and his leader of

earl warren was famous for bringing the court together and decide and one of its most important decisions, brown vs. the board of education. >> how many justices did the earliest courts have? >> i think they started with six. it is an interesting thing. it was hard to bring them together. the very first session of the court had to be adjourned immediately because they did not have a quorum. the second time, they convened, they did some administrative business and adjourn pretty quickly because they did not have -- adjourned pretty quickly because it did not have any cases. the current number of nine was established shortly after the civil war. it has remained intact since then. >> not without some trying by franklin roosevelt to make it larger do you ever reflect on how it might have functioned if the court idea had worked? >> it would not have functioned at all. franklin roosevelt came into office with huge majorities. he had huge majorities in the senate and the house and the court was not in a popular position. it was blocking all of his reforms. he came up with the court packing plan

she justice warren e. d. chief justice warren had a largely collegial court. it never seemed to end between justices black and frankfurter, but earl warren himself was a very warm person and rent a chord that was agreeable with each other. the court under warren burger was not a happy place. relationships between the justices tended to rapidly deteriorated. there was a lot of internal resentment, and the chief justice did not work very hard at trying to dispel that. the way he ran the court at times contributed to that internal dissension, because he would play favorites in the way he assigned opinions. he would sometimes cast his vote one way in order to have control over the assignment, and then change his vote later on. he ran the court in a way that contributed to the internal division. chief justice rehnquist, on the other hand, ran a very happy court, a very collegial court. remember that i am talking about a court in the rehnquist years that was very deeply divided among philosophical and ideological lines. at the same time, the chief justice, using tha

, chief justice warren burger resigned, right? and instead of going outside the court, president reagan selected william rehnquist, was an associate justice to be chief justice, so there was that confirmation, and then selected scalia to take their rehnquist seat, so didn't they come together at the same time? >> guest: yes and that also helped him. he was helped by his italian american heritage, helped by the fact that, you know, he -- his record was for all intensive purposes and plans light but there was no reason for the senators to probe deeply into how deep his conservatism was. but he followed william rehnquist's battle for chief justice -- was what it was quite -- >> guest: it was, and a lot of liberal groups came out against him to be elevated to chief. they didn't like his record on the supreme court as being so conservative. but he also was someone who had been quite outspoken when he was assistant attorney general in the office of legal counsel and he had a record that provided, that generated so many more critics. som

>> note, warren burger made that change i year or two before i got here. since i have been a justice, it has always been with the ankle on the two sites. when i was a law clerk, it was a straight bench. >> what is yours favorite spot? what room do you like the best? >> i have not really thought that through. i suppose that i enjoyed the oral arguments and i like the court room, i really do. i enjoy my own office. one of the most interesting places in the court is the spiral staircases, well worth seeing if you come in. >> have you spent much time studying the history of this place? >> if picked up a good deal of history but i have not made an independent study. some people have made it of the white house, very interesting work on the white house. >> what are those books behind you? >> those of the u.s. reports. they are the last 40 years of the u.s. report, and over there i have the reports from the beginning. >> what are the u.s. reports? walk around his desk and i will meet you on the other side. >> they are the reports of the decisions by the court. the

it turns out that grandpa adela no, warren delano was the american opium king of china.t turns out that franklin, the fortune that sustain the life of franklin delano roosevelt was made through illegal drug deals in china. you can't make it up. but this was the hidden history that i was finding out there on this imperial cruise. folks, if you read this book and you are surprised by what you find, i mean, i am with you because i didn't realize there was this much out there that we didn't know that was still left to be discovered, and i was writing the buck. i wondered why and you might wonder the same thing as to page through it. this is my third book about matters between america and asia of. i have seamen written about a lot of may him over the last 100 years out there in the pacific and after writing my first book, the "flags of our fathers," i wondered what i could do about all of this, so i established the james bradley peace foundations. for the last ten years we have been sending american high school children to japan and china on. they lived there for one year, go

i agree with pastor rick warren when he uses that principle, and i believe to see a doctor when you need one, to save a life or to deal with the health care you need so you don't lose an eye. like in diabetes, you don't lose an eye, you don't lose a kidney, you don't lose a foot, or if you're pregnant and diabetic, lose your child. we want to make sure that women have access to mammograms, that the men we love and who love us have access, if they have high blood pressure -- and sometimes they have it because they don't have health care for their family -- prostate cancer. i believe that's what whole life is. so, you see, in this bill i believe that supporting screening for diabetes is pro-life, cervical cancer screening is pro-life. but most of all, if you want people to have healthy pregnancies, healthy childbirth, healthy babies, they need access to health care. so that's why i say that voting for universal access to health care is as pro-life as you can be. making this debate about abortion, i believe, is misguided and wrong. first of all, in the bill we already deal with this topic.

at least use tiss warren. both appointed byizeen-hour. david southor, there was a time when the per lynn wall that sounded like a good guy. but the last six points to the court sotomayor, we don't aley know anything about sotomayor. but i mean olyo, briar, thomas all ex-chact as predicted. and i think sotomayor will be exactly azepe dicked. and i don't think we will see in our lifetime again a surprise. because the people who care about points, the -- corps of the president's party will immose and i think you know, -- you want to know who's going to be -- how the supreme court is? it's goinging to be tell me how your -- going to tell you tomorrow. >> david? >> my question is about television, the most outspoken criticism and breaking tv on the court whether you're in the long term or return durn you think we'll have supreme court coverage for this is an issue that gets so much attention. i cannot g that people are really going to want to watch. most of all argument. when m.p.r. puts the radio recordings on. i do not hear excitement it's a

rick warren did a wonderful job of this. yet despite all of that, we also have a country that is far less doctrine prevent even the megachurches do not emphasize of the doctrine. that is found upon my colleague who has a great line that says americans don't one to the last judgment with the almighty but a last discussion. [laughter] all of this chemists to a head in 2008. it is still there now if you look at the majority common mccain did great. he got 55% of the white vote which is usually enough to get you elected. 56 of those aged 49. they are there break-in generation, those that came of age politically when ronald reagan was president. 52% of married voters come a 65% of the white protestants, a 55% of those who went to church weekly but if you look at that, you say all my goodness he should have been elected and 90% of the mccain vote was white. that would have worked very well even as recently as 1992 as march have talked about that, if that majority had been in place in 1992, i am sorry, it 1992 electorate and 2008 b

this is warren buffet. the democratic amendment would do several market-friendly things. one, it would say that these contracts will trade in the light of day and clear in clearinghouses. this is an idea that is thousands of years old. economics 101. markets are healthier if we know who is selling what to whom and at what price and see who is taking on what risk, something that if the market had known in the a.i.g. experience, we might have been saved the awful spectacle of taxpayer dollars being injected into private companies. the democratic amendment says it will trade in the light of day. it is not a heavy-handed or cumbersome idea. it's plain, good market economics. the democratic amendment would say that if you take big bets, we're going to make sure you have the capital to make good on those bets, again, not a terribly radical idea, but if you're going to ensure someone we will make sure you have the capital to make good on the insurance you have sold. and lastly and importantly, a derivatives contract involves someone getting rid of risk, that farmer, that company

want to get here and if i can only get here this time, i can get there and if i can get help from warrenatch one jt his great partners on a lot of thing. particularly children's healthcare i'll go with them and so it was, you're right the unprincipals or completely flexible but because he had a set of principals. >> he couldn't do it all at once. >> also this connected who that we said earlier. why did he become more liberal as time went on? that was not necessarily true ofj fk. ted kennedy became more so than any u f his brothers and his identifying with people that were left out, locked out almost in the way of franklin roosevelt. franklin roosevelt's polio gave him a different degree. >> i have always felt that his embassy was natural, because like so many -- his empathy was natural. he knew what it was like to be damaged. he had tremendous identification of sympathy and a desire to improve the lives of those who had been damaged. do you agree with that? >> absolutely. he tells interesting stories about lbj and the fact that lbj had offered -- or bobby had offered to go and negotiate

want to get here and if i can only get here this time, i can get there and if i can get help from warrenatch one jt his great partners on a lot of thing. particularly children's healthcare i'll go with them and so it was, you're right the unprincipals or completely flexible but because he had a set of principals. >> he couldn't do it all at once. >> also this connected who that we said earlier. why did he become more liberal as time went on? that was not necessarily true ofj fk. ted kennedy became more so than any u f his brothers and his identifying with people that were left out, locked out almost in the way of franklin roosevelt. franklin roosevelt's polio gave him a different degree. >> i have always felt that his embassy was natural, because like so many -- his empathy was natural. he knew what it was like to be damaged. he had tremendous identification of sympathy and a desire to improve the lives of those who had been damaged. do you agree with that? >> absolutely. he tells interesting stories about lbj and the fact that lbj had offered -- or bobby had offered to go and negotiate

service to go into the justice department and become solicitor general of the united states, and he was warrenburger's law clerk, and has his own book about the court, "first among equals at." -- "first among equals." paul has passed the 50 mark. he was here when i was a clerk, and is a partner at king and spalding. mr. johan is managing partner of meyer brown and a contributing editor of supreme court practice. i am not sure it is delivered to keep that in one volume. it is getting bigger. but the supreme court practice book that mr. co-edits, he has great experience because he has been solicitor general of the united states and argued 40 cases before the court. back at the have this experience -- the fact that he has this experience has contributed to that volume. there are things we should not question. but what those things that is not questioned and accepted as authorial is the book on supreme court practice, and it is immensely helpful. i'm going to turn the proceedings over to our contributors. thank you very much for your contributions to the law, and for being here this evening. thank

. >> larry: and tyler jones, from warren, ohio, also in fourth grade, how do you like it?lly good. i like have you have a lot of opportunities to grow up and have a good life and have a good job and have a house that's stable. >> larry: how about living in new houses? do you like that, tyler? >> mm-hmm. the houses are stable and protective. >> larry: queen, you were quoted as saying that the kids at the school were like the ones you knew growing up. in what way? >> well, because i come from, basically, from a lower middle class neighborhood, if not lower than that, you know. i knew a lot of kids who had family issues. whether it was drugs or alcohol in the house or whether there was abuse in the home or whether they just lived below the poverty level and their parents really struggled to put just food on the table and clothes on their backs. so i know, to see a lot of kids like who have gone through that, at this school, don't be fooled by these guys right now. they're being very professional on tv, but they are so amazing. i mean, these two, they both play saxophone, this

warren, you're going to have to stand up. warren brown is here and he started cake love. he told you earlier that he is expanding. he is going to open a new location. can't tell you where yet, and maybe he will say. and hire more employees. so thank you very much. he is also a star of strategies for growth telling other people how to grow their business. so thank you, warren. thank you, grace. thank you, becca, for being here today to help kick this off. thank you. [applause] >> so we've covered capital. we've covered contracting. and counseling. and through those, we at the sba have helped small businesses, long way in 2009. but what about now? the president said, i'm going to quote. he said we will not rest until businesses, small businesses are investing again. businesses are hiring again, and people have worked. in each recession, we know that job growth lags behind the economy. so we are seeing the pick up, and we are focusing on how to make sure that small businesses have the tools and the incentives that they need to create jobs and to create them as quickly as pos

. >> rick warren is saying the idea that god wants everyone to be wealthy is creating a false idol. right? >> i think that's true. if you're focussing on wealth, that's not what christian city about. christianity is about helping other people. we believe god wants you to prosper. prosper means have good relationships, be healthy in your body, have money to pay your bills and bless other, but i don't think weshld ever take christianity or anything that we believe as just all about riches and this world. that's not what it's all about. >> larry: do you get angry at hypocrisy in faith. people who say do as i say, not as i do. '. >> i don't think if i get angry, but it just puts all of us in a bad light. we try to live by example and hopefully, you know, be who you really are. and not just, you know -- >> larry: do you take any political stands? >> we really don't. we really don't. i mean, in terms of -- no, we don't. >> larry: on the climate or the health bill? >> we really don't. i'm not up to speed on all of that. i do dhi we should take care of the environment and i do believe that

>> good morning and thank you chairwoman warren. i wish to begin by saying mr. secretary that i believe the administration's decision to extend t.a.r.p. e only responsible course of action. the financial system today is not fundamentally stable in my opinion. the mortgage foreclosure crisis accelerating and overall economic situation particularly when looked at globally is not good. the risk of a systemic problem in the coming months is significant. while i believe a tough resolution authority such as proposed by the obama administration and being acted on hopefully in the house in the coming hours would be far superior to t.a.r.p. as a means of dealing with a possible future financial crisis. at the moment congress has not passed any such authority. in this context the administration's decision was the only responsible one and as i think you just got a little taste of, it was an act of political courage for which i think you deserve a substantial amount of credit. now, we found in our december report released earlier this week that t.a.r.p. played a positive ro

so that warren buffet, for example, would actually have to contribute to his health care drug benefit assuming he is on part-d. maybe he isn't. [captions copyright national cable satellite corp. 2009] [captioning performed by the national captioning institute] >> we already know medicare is insolvent. yet we're going to take this money out of medicare, as the senator from arizona has pointed out, and we're going to fund a brand new entitlement. we're going to expand medicaid with this money and we're going to create an entitlement which has nothing to do with medicare. none of the people that will get this benefit have paid into the hospital truffs -- trust fund which is what funds medicare. i -- if there are going to be reductions in medicare, shouldn't it be to make medicare more solvent? >> one would think so. there are two doctors in the united states senate. there are lots of lawyers. there are two doctors. both have had hands-on experience. i don't know if doctor brasso has seen "the new york times", another one of my favorite sources of news and entertainment. on the front page

warren buffett warned that derivatives re weapons of financial mass dtruction.here re warnings from within the feral reserve board about the dangerthat were emerging in the mortge market and the subprime sector. there were warnings. i think -- it is t job of the federal serve to be on top of financl danger, to be skeptical abt speculative activityn the system, to both warn and to t. and it's chacteristic in advance of crisis that that is very diffilt to do, but it is their responsibility, and whe i agree with alice tt action a very, very large scale was warranted and carried out,n the wake of the cris i also think it's a mistakeo personalize this too muc ben bernanke plad a useful role, but so did t congress in extendg insurance on bank deposits. soid the president, in putting the exchange stabilition fund to work behind the commercial-paperarket. in many ways, this was aeam effort, and itould not be right to do what "timemagazine did today and sentially attribute it to the extraordinary pors of a single invidual. >> lehrer: alice rivlin also just said that he w

think above google, microsoft, warren buffett. these are all long-term players. there are people that have great wealth themselves in short-term game but they have not created great wealth for others. they are all people, even when i was on the board of walmart or the organization you love to hate but they have come a long way and employ 2 million people, 2 million jobs. they can pay people more and all that they are creating jobs and providing good reasonable prices to people. >> let me pushback if it is okay little bit. on the walmart thing, you were not saying they are bad but let me use it as an opportunity to amplify that. nobody said walmart had to be the judge. is a stepping job-- steppingstone jabr cooligize me crazy when somebody looks at is the-instead of a positive. because you are not happy, what i've found is if i don't feel good about me i'm not going to feel good about you and if i don't respect me i'm not going to respect you but the problem is not what we are doing. the solution the problem typically is staring us in the mirror. to it viewpoints

chairwoman elizabeth warren and others questioned the need to keep the tarp going.e said it prevented a financial collapse, but failed in a number of key missions. >> tarp has been far from an unmitigated success. credit for consumers and small businesses remains scarce, the foreclosure crisis continues unabated and treasury's mitigation programs have not achieve it had scope, the scale, or the permanence necessary to stabilize the housing market. >> sreenivasan: on wednesday, the treasury estimated it will lose about $60 billion on aid to insurance giant a.i.g., and to chrysler and general motors. it will make a profit of nearly $20 billion on assistance to banks. on wall street today the dow jones industrial average gained more than 68 points to close at 10,405. the nasdaq rose seven points to close at 2190. those are some of the day's main stories. i'll be back at the end of the broadcast with a look at what you'll find tonight on our website. but for now, back to jeff. >> brown: and we turn to the story of a group of young americans who may have been preparing t

process of drama and let me stop a minute, because of that vacancy was created when chief justice warrenburger resigned, right? >> guest: right. tremont instead of going outside the court, president reagan selected william rehnquist who was an associate justice to be chief justice. so that there was a bad in selected scalia to take the rehnquist seat, right? so did that come sort of together at the same time? >> guest: that also helped him. he was helped by his italian-american heritage but he was helped by the fact that, you know, his record for all intents and purposes right there in plain sight, but there was no reason for the senator to probe too deeply into how deep his conservatism was. by default william rehnquist about for just a. a lot of liberal groups came out very strong against him to be elevated to the chief. they didn't like his record on the supreme court, but he also was someone who had been quite outspoken when he was in the attorney general in the office of legal council. and he had a record that provided -- that generated so many more critics. so liberal senators and

but on the last day of june, 1977 warren phillips, the chairman of dow jones, took his helicopter down from new york to tell us that they were closing it down. so at that point i went into the washington bureau of the wall street journal. i had 10 glorious years covering politics and congress and the white house. >> and what'd you do after that? >> after that i ended up at "congressional quarterly" as managing editor. i spent two-and-a-half years in that job, and then seven years as executive editor, and then 12 years as ceo, president, and editor-in-chief of "congressional quarterly." >> and it was owned by a newspaper, the "st. petersburg times." >> correct. >> and it was sold recently to what organization? >> it was sold to the economist group of london, which also owns "roll call," which is a washington publishing company, focuses on congress, as did congressional quarterly primarily. and so the economist merged, the "roll call" and "cq," at which point they had two ceo's for one news organization. and i was the one standing when the music stopped. so on august 4 at 4:15, at the mo

you know, the warren buffetts of our society are rare. they're few. the kind of consistent value investors who say i don't understand this so i'm not buying it. i mean, what's much more dominant is, you know, chuck prince the former ceo of citibank who famously said, well, when the music stops, i'm paraphrasing now -- he said something like when the music stops it's going to be ugly. there's going to be a reckoning but when the music is still playing you got to get up and dance because the citibank shareholder is going to have a hard time, you know, accepting that you're leaving money on the table that's there for the taking. while, you know, this momentum investing thanks to easy money and believing in these fantasy is going. people made a lot of money in the tech bubble buying stuff they didn't understand but didn't pencil up and went up. >> but there are some people and i'm specifically thinking about, for example, college endowments where there is a security, a safety aspect involved. in fact, there are a few college endowments that did much bette

thank you, warren, greece, rebecca for being here today to kick this off. thank you. [applause] so, we've covered capitol, we've covered contracting and counseling, and through those we at the sba have helped small business is come a long way in 2009. but what about now? the president said, i'm going to quote, we will not rest until businesses, small businesses are investing again, businesses are hiring again and people have worked. and each recession, we know that job growth lags behind the econ money. so we are seeing the economy take off, and we are focusing on how to make sure small businesses have the tools and incentives they need to create jobs and to create them as quickly as possible. so what are we doing? the first thing we did is we listened. and some of you actually were in attendance or have seen that tama geithner and i held a forum last month on small-business lending and that, in turn, set the stage for the small businesses jobs summit where tim and i had another forum. we had a small businesses there, banks, community banks, large banks, and that cont

of the last century reformer, supreme court justice, and in 1890 brandeis and his partner, samuel warrenes threaten to make good the prediction that what is whispered in the closet shall be proclaimed on the housetops. and what they were concerned about then was photography. photography in newspapers and sort of peeping toms. now, their work was enormously influential and prophetic in some ways, and it helped to shape american jurisprudence on privacy over the course of the 20th century, and, of course, brandeis' thinking continued when he was on the supreme court particularly, i think, in ohm stead where he wrote that the right to be let alone was, i think, most -- and jeff rosen will correct me if i'm wrong, it was the right most valued by sievized men. civilized men. in the 1960s as americans started to lose faith in government and the 1970s with the abuses of government surveillance powers, together with the add vens of the computer -- advent of the computer age created more concern cans with government. and the private act and the fair information practice principles, the fipps. i l

recently, elizabeth warren, one of the oversight regulator, stated in testimony that she has no idea where the tarp money. is this bill would change this this would put safe gards in to ensure that proprietary information about financial services companies is not disclosed and this bill does not put any additional burden on industry. it merely puts in a usable form information that is already required by regulators. there is broad support for this bill from close to 40 groups, from across the political field, including the center for democracy and technology, the u.s. chamber of commerce, the naacp, and the heritage foundation. and i ask permission to place in the record the list of supporters from -- the speaker pro tempore: without objection. mrs. maloney: as we have seen since this time last year, the lack of transparency in terms of how tarp funds are being spent make this is bill necessary. the american people, members of congress, regulators are demanding transparency. it's time we gave it to them. they are entitled to it. i would like to thank members on the other side of the

well, warren brown is here, and he started cake love.e told me earlier that he is expanding, opening a new location. i cannot tell you where yet. maybe he will say. and he will hire more employees. thank you very much. he is also a star of "strategies for growth," telling other people how to grow their businesses. so thank you, warren, grace, and rebecca, for being here today to kick this off. thank you. [applause] so we have covered capitol, we have covered contracting, and counseling. through those we at the sba has helped small businesses come a long way in 2009. but what about now? the president said -- i am going to quote -- "we will not rest until businesses, small businesses are investing again, businesses are hiring again, and people have work." in each recession, we know that job growth lags behind the economy, so we are seeing the economy tick up, and we are focusing on how to make sure that small businesses have the tools and the incentives that they need to create jobs and to create them as quickly as possible. so what are we

professor warren is independent, she's a visionary and expert in this area. working with our colleagues, including representatives delahunt and other, we have worked to correct the things that caused this crisis. there's an old line in a song, the cops are against the robbers, but the robbers are against the cops. we need to create a new squad of financial cops to protect taxpayers from others' greed. it is time we enacted the meaningful protections for american consumers that are embodied in this legislation. i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from texas. mr. sessions: i'd like to yield to the gentleman from california, mr. dreier. the speaker pro tempore: the gentleman is recognized. mr. dreier: i rise in strong opposition to this rule. it has been fascinating to listen to the debate here and a lot of hyperbole as come forward. we've heard times like the republican recession, wild west mentality, and the fascinating thing i have just been talking to a couple of my staff members about is that much of the legislati

>> good morning and thank you chairwoman warren. i wish to begin by saying mr. secretary that i believe the administration's decision to extend t.a.r.p. was the only responsible course of action. the financial system today is not fundamentally stable in my opinion. the mortgage foreclosure crisis accelerating and overall economic situation particularly when looked at globally is not good. the risk of a systemic problem in the coming months is significant. while i believe a tough resolution authority such as proposed by the obama administration and being acted on hopefully in the house in the coming hours would be far superior to t.a.r.p. as a means of dealing with a possible future financial crisis. at the moment congress has not passed any such authority. in this context the administration's decision was the only responsible one and as i think you just got a little taste of, it was an act of political courage for which i think you deserve a substantial amount of credit. now, we found in our december report released earlier this week that t.a.r.p. played a posit

>> i knew earl warren very well. we were family friends.of course, i knew chief justice burger and now chief justice roberts. on the one hand, there's not much of the chief justice can do. the eight associate justices have a lifetime job and have the duty to uphold the constitution. he can fire them. he has to get along with them. so the chief justice comes to a court where there are these elements of stability and permanence and protection. we have our tradition and our oath. on the other hand, the chief justice who presides steers us through the mechanics of hearing the cases and calendars. by his personality and his warmth and his decisiveness and his thunderstanding of the law, his colleagues can do a great deal to set the tone. >> we are going to be able to see various rooms. it would be interesting to hear your take on what happens in these rooms. we heard the process of conference. if we were to have a camera in conference while you're there, which we would never be able to do, what is it like? >> i believe justice breyer made an int

, warren buffet says he pays a lower tax rate than his secretary and he pays a lower tax rate than a soldier coming back from iraq. talk if you would about what happened in the last decade for taxes for the group of people -- the wealthiest that we think should pay a little bit more under this plan. mr. sanders: i think the evidence is overwhelming that one of the reasons we have seen record-breaking deficits and we have a $12 trillion national debt, not just the war in iraq, it is also the huge tax breaks given to the very wealthiest people in this country. i think as the senator from ohio indicated, the facts are very clear. the middle class may have gotten some benefits, but the lion's share of tax breaks went to the people on top. what we are seeing in this country is a growing gap between the very, very wealthy and virtually everybody else. in many ways the middle class is shrinking, poverty is increasing. it makes zero sense to me that in the midst of all of that that we ask the middle class to pay more in taxes to provide health care to more americans, and we leave the top .02

when he became chief justice, he succeeded warren berger. he felt he could get along with three law clerks and two secretaries. and that's what he had. his colleague and friend, justice blackman, after he's retired for a few years, wanted an extra secretary to prepare his prepares to give to the library of congress. and he turned him down because he thought it was a dangerous precedent for retired justices to have more than the one secretary they're allowed under some regulation. and he incurred justice jackson -- justice blackman's wrath but he thought that was the proper thing to do. and i think blackman did too, after a while. and i assure you that one secretary's salary can be lost in the supreme court budget without much difficulty. he never had security at his home. while lots of federal judges who were hisñ standards have security, congress doesn't have security, he never had any guards even after bush versus gore. he had a lot of reasons but the chief reason was it was a wasteful precedent. if you started providing security for all n

, did i ever think i'd have a conversation with warren buffett, but there was i was in omaha at this steakhouse, and he is a d.c. public school graduate. and he said to me, you know, michelle, it is very easy to fix the problems in public education in america today. and i said, wonderful. please, tell me how to do it so i can run back to d.c. and start to implement that. and he said, all you have to do is make private schools illegal and assign every child to a public school by random lottery. so think about that for a minute. if we did that in d.c. which would mean that every ambassador's child, every ceo's child, every congressman's child and the president's children would all get assigned to a random dcps school by a lot lottery which would mean that a huge percentage would be going across the river to anacostia every day, you would never see a faster movement of resources from one side of the city to another as you would in that circumstance. and i guarantee you that very, very quickly we would have a system of excellent schools. so in my mind it's not a matter of is it possible

at least use tiss warren. both appointed byizeen-hour. david southor, there was a time when the per lynn wall that sounded like a good guy. but the last six points to the court sotomayor, we don't aley know anything about sotomayor. but i mean olyo, briar, thomas all ex-chact as predicted. and i think sotomayor will be exactly azepe dicked. and i don't think we will see in our lifetime again a surprise. because the people who care about points, the -- corps of the president's party will immose and i think you know, -- you want to know who's going to be -- how the supreme court is? it's goinging to be tell me how your -- going to tell you tomorrow. >> david? >> my question is about television, the most outspoken criticism and breaking tv on the court whether you're in the long term or return durn you think we'll have supreme court coverage for this is an issue that gets so much attention. i cannot g that people are really going to want to watch. most of all argument. when m.p.r. puts the radio recordings on. i do not hear excitement it's a

for $10 billion over five years and that basically was to see people who have higher incomes, the warren buffett of the world ought to pay more for their prescription drug benefits under medicare than those in lower income categories and people went nuts on the other side they went nuts about that. and here we are talking about cutting 465 billion over a ten year period, 1 trillion of for ten years when it is fully implemented and it seems to me, mr. president, and i would say to my colleagues the oversight is going to have a lot of explaining to do to the american people about why $10 million in reductions plus in morrill, cool and disaster of monumental proportions but cutting half a trillion dollars out of home health care and nursing homes and hospitals and everything else somehow to pay for it is entirely new entitlement program, $2.5 trillion expansion somehow makes sense. >> i appreciate the comments from my colleagues and i think we are hearing all around the country we do need a kind of health care reform. we need to get costs under control. we need to have a patient centered re